Fisher Asset Management LLC Lowers Stock Holdings in Enersys $ENS

Fisher Asset Management LLC lowered its stake in Enersys (NYSE:ENS) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 358,764 shares of the industrial products company’s stock after selling 23,560 shares during the period. Fisher Asset Management LLC owned 0.97% of Enersys worth $40,526,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. United Services Automobile Association bought a new stake in Enersys in the first quarter worth $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Enersys by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after purchasing an additional 9,737 shares during the last quarter. Retirement Systems of Alabama boosted its stake in Enersys by 0.4% in the 2nd quarter. Retirement Systems of Alabama now owns 48,191 shares of the industrial products company’s stock worth $4,133,000 after purchasing an additional 202 shares in the last quarter. Versor Investments LP grew its position in Enersys by 36.0% during the 2nd quarter. Versor Investments LP now owns 3,233 shares of the industrial products company’s stock valued at $277,000 after purchasing an additional 856 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Enersys by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 410,497 shares of the industrial products company’s stock valued at $35,208,000 after purchasing an additional 5,631 shares during the last quarter. Institutional investors own 94.93% of the company’s stock.

Enersys Price Performance

Shares of ENS opened at $164.00 on Wednesday. The firm has a fifty day simple moving average of $167.98 and a two-hundred day simple moving average of $138.83. The firm has a market cap of $6.04 billion, a PE ratio of 20.32, a P/E/G ratio of 1.07 and a beta of 1.11. The company has a current ratio of 2.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. Enersys has a 1-year low of $76.57 and a 1-year high of $194.77.

Enersys (NYSE:ENS) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. The firm had revenue of $919.13 million for the quarter, compared to the consensus estimate of $932.13 million. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period last year, the business posted $3.12 EPS. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. On average, equities analysts anticipate that Enersys will post 9.99 EPS for the current year.

Enersys Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, March 13th. Enersys’s dividend payout ratio is 13.01%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ENS shares. BTIG Research upped their target price on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Oppenheimer restated an “outperform” rating on shares of Enersys in a report on Friday, November 7th. Roth Mkm reiterated a “buy” rating and set a $208.00 target price (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. Zacks Research lowered Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Tuesday, January 27th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Enersys currently has a consensus rating of “Moderate Buy” and a consensus price target of $177.00.

Insider Activity

In related news, insider Chad C. Uplinger sold 6,702 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total transaction of $1,015,084.92. Following the completion of the sale, the insider directly owned 23,713 shares in the company, valued at approximately $3,591,570.98. The trade was a 22.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.91% of the company’s stock.

Enersys Profile

Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.

The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.